Looking Around
I spent yesterday and Tuesday driving along the coast of Maine to look at properties that are currently for sale. I am in no position to purchase any right now but wanted to get an idea of what the going rate is for a nice piece of property along the coast. I looked at a couple parcels of land along the Penobscot River that leads out to the Atlantic. And I also looked at a few that were inland but still only minutes from the coast. And I am actually *sighing* as I type this because I felt so deflated by the prices of these homes and land parcels. Even shacks and run-down shanties are over $200,000 in coastal areas. It was a discouraging tour. But I gained some true perspective of what it is going to take to realize my dream.
Later in the day, I met this lovely woman at a gas station in the Skowhegan area (I was there on an errand). She told me to take a look at some lake front properties in Hartland & St. Albans. She mentioned Great Moose Lake and that her sister was currently building a nice home there. She thought that I might satisfy my want to be near water by living in a less expensive home on freshwater that was still in close proximity to the sea. Though I am certainly determined to live on or near the ocean, I thought I would take a look at the area she mentioned, if only for contrast.
So, Isaac and I headed to Great Moose Lake. And boy, it is gorgeous. Pristine water, lovely homes, wooded areas, a public boat dock, etc. I was very impressed. We took a nice drive around the lake and saw some incredible properties ... But none for sale. Just as I was about to turn the vehicle around to head home, I saw a small cottage nestled in some trees right on the waters edge. It was a very small lot in a quiet, private area. Very sweet. When I got closer to the home, I realized that it was in desperate shape. The house looks nearly ready to crumble. So, I began to daydream a little...
Maybe this house is in such bad repair that the price is low and I might be able to get it cheap enough to repair and re-sell or rent out for some income. Maybe I could be satisfied on a lovely lake before I get to my ultimate destination...seaside. Maybe Halis would love to live here for a while ... do some fishing... Maybe my Dad would love it and want to share it with us, thereby lessening our financial commitment ... etc...
So, I took some video of the property and headed home. As soon as I arrived, I jumped on the internet to find out just how much this house was going for ... thinking surely it would be less than $100,000 ... especially given its location and condition...
Well, how does $215,000 sound? Sounds like I have alot of work to do! But I've got some ideas.
Here is the cottage listing with photo.
Later in the day, I met this lovely woman at a gas station in the Skowhegan area (I was there on an errand). She told me to take a look at some lake front properties in Hartland & St. Albans. She mentioned Great Moose Lake and that her sister was currently building a nice home there. She thought that I might satisfy my want to be near water by living in a less expensive home on freshwater that was still in close proximity to the sea. Though I am certainly determined to live on or near the ocean, I thought I would take a look at the area she mentioned, if only for contrast.
So, Isaac and I headed to Great Moose Lake. And boy, it is gorgeous. Pristine water, lovely homes, wooded areas, a public boat dock, etc. I was very impressed. We took a nice drive around the lake and saw some incredible properties ... But none for sale. Just as I was about to turn the vehicle around to head home, I saw a small cottage nestled in some trees right on the waters edge. It was a very small lot in a quiet, private area. Very sweet. When I got closer to the home, I realized that it was in desperate shape. The house looks nearly ready to crumble. So, I began to daydream a little...
Maybe this house is in such bad repair that the price is low and I might be able to get it cheap enough to repair and re-sell or rent out for some income. Maybe I could be satisfied on a lovely lake before I get to my ultimate destination...seaside. Maybe Halis would love to live here for a while ... do some fishing... Maybe my Dad would love it and want to share it with us, thereby lessening our financial commitment ... etc...
So, I took some video of the property and headed home. As soon as I arrived, I jumped on the internet to find out just how much this house was going for ... thinking surely it would be less than $100,000 ... especially given its location and condition...
Well, how does $215,000 sound? Sounds like I have alot of work to do! But I've got some ideas.
Here is the cottage listing with photo.



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